Gotrade News - Bitcoin climbed 1.63% to $77,572 after President Trump announced the indefinite extension of the Iran ceasefire. Geopolitical optimism fueled buying in a crypto market that had been weighed down by conflict uncertainty.
Key Takeaways:
- Bitcoin up 1.63% to $77,572 on optimism from the US-Iran ceasefire extension
- Spot Bitcoin ETFs have logged $58 billion in cumulative inflows, just $5 billion short of the record
- Goldman Sachs filed for its first Bitcoin ETF, expanding institutional adoption
According to Benzinga, Anthony Scaramucci described the current momentum as a "buying surge" driven by ETF growth. Bloomberg analyst Eric Balchunas noted that spot Bitcoin ETFs have held up better than any other asset class during market downturns.
BlackRock's iShares Bitcoin Trust leads the market with $61 billion in assets under management. The ETF rose 1.81% in after-hours trading, though it was down 1.71% during the regular session.
Year-to-date net inflows into Bitcoin ETFs have exceeded $1 billion, bringing the cumulative total to $58 billion. That figure sits just $5 billion below the all-time record of $62.8 billion set in October 2025.
Combined Bitcoin ETF assets stand at $99.73 billion, representing 6.55% of Bitcoin's total market capitalization. According to Benzinga, Morgan Stanley's Bitcoin Trust recently crossed the $100 million mark in assets under management.
Broadening Institutional Adoption
Goldman Sachs has filed for its first Bitcoin ETF, marking a significant expansion of institutional participation in crypto. This adds to a growing list of major banks entering the crypto ecosystem through regulated products.
Crypto-linked equities such as Coinbase (COIN) and Strategy Inc (MSTR) are also drawing investor attention. Both stocks tend to move in tandem with Bitcoin's spot price movements.
ETF flow patterns that turned negative in early 2026 have now reversed sharply since March and April. Investors should monitor whether this momentum holds as geopolitical developments remain in flux.
